BAe Systems has sold its aerostructures business, which is based in Prestwick and employs 830 people, to Spirit AeroSystems of the US for £80m.... [more]

UK-domiciled financial services software firm Misys may sell off its general insurance division within six months, its CEO has said. Speaking following the release of the company's results for the hal... [more]

Parity Group is to sell most of its French and German operations to GFT Technologies of Germany for £5.3m.... [more]

International Asset Management of London is to be acquired by the asset management division of ABN Amro for undisclosed terms.... [more]

ITV is to sell 021 Television, its Birmingham-based outside broadcast facilities business, to Gravity Media Group for £4.5m.... [more]

MessageLabs, the UK-based software company, is likely to sell its Star internet business for approximately £40m.Thus, the UK-listed internet provider, was mentioned as one potential bidder in the rep... [more]

Heinz, the US-based food company, has had over 40 approaches for its European frozen food subsidiary. The company set an initial deadline of December last year for bids,and Heinz anticipates making an... [more]

Thomas Cook, the German travel agency, has hired Ernst & Young to sell four of its holiday businesses. The businesses for sale are Club 18-30, Neilson, Style, and Sun World. It is not known if the bus... [more]

Macfarlane Group is to sell its Hungarian packaging business to Nefab of Sweden for £2.3m.... [more]

Cobham is to acquire Flight Precision and Aerodata Flight Inspection from Aerodata of Germany for £7.7m.... [more]

British Airways has given the division CitiExpress two years to turn a profit, after which time it would otherwise be sold or closed. CitiExpress is expected to lose £20m for the 2005/6 year. It added... [more]

Umeco has sold the components division of its Compstock Electronics subsidiary to a new company called Flightspares Electronics for £0.4m.... [more]